Bitcoin Price Falls to $77K Amid Growing Divergence in Investor Demand

The price of Bitcoin has fallen to around $77,000 as outflows from U.S. spot ETFs reached $120.24 million on September 9, while Ether and Solana ETFs attracted a combined $46.48 million in inflows.

Bitcoin's recovery is approaching a key test as improving ETF demand meets a major resistance zone between $83,000 and $86,000, with long-term holders having accumulated about 1.07 million BTC in this zone.

Despite the recent weakness, Bitcoin remains higher over the past 30 days, gaining 19.9%, while Ether has risen 28.9% and Solana 31.4%. The contrasting ETF flows highlight a growing divergence in investor demand across the three major crypto assets.